Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 31.46 to 14.5 19.65 (30.37%) . .
Intermediate 19.79 to 14.75 . . 19.53 (94.84%)
Short 17.8 to 14.75 . . 19.53 (156.72%)